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198 Heanor Road, Heanor DE75 7QY - Image 1
198 Heanor Road, Heanor DE75 7QY - Image 2
198 Heanor Road, Heanor DE75 7QY - Image 3
198 Heanor Road, Heanor DE75 7QY - Image 4
198 Heanor Road, Heanor DE75 7QY - Image 5
198 Heanor Road, Heanor DE75 7QY - Image 6
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198 Heanor Road, Heanor DE75 7QY

East Midlands

£185,000
Listed on 23/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached property is positioned on a generously sized plot, providing an excellent opportunity for renovation and investment. Located in a desirable non-estate area close to Heanor Gate Spencer Academy, the property benefits from its proximity to essential amenities and nearby green spaces like Shipley Country Park. The property itself presents a blank canvas for potential buyers interested in modernizing and enhancing its overall appeal. The layout includes an entrance hall that leads to a fitted shower room, a spacious lounge that extends approximately 26 feet, and a sizeable breakfast kitchen measuring 15 feet 2 inches by 9 feet 7 inches. The first floor features a galleried landing leading to three bedrooms and a family bathroom. Outside, the fore garden provides curb appeal, while an adjacent driveway leads to a single detached garage. The rear garden is low maintenance and offers potential for expansion or landscaping improvements, subject to the necessary planning permissions. Situated just a short commute from both Derby and Nottingham via the M1 Motorway, this property combines suburban tranquility with accessibility to urban conveniences. With immediate vacant possession available, this residence presents a promising investment opportunity for those looking to implement their vision through renovations or further developments. The property is sold as seen with freehold tenure, making it an attractive prospect for both homeowners seeking to create their ideal living space or investors aiming to capitalize on future growth potential in this sought-after area.

Investment Analysis

(DE75 area)
Area Average
£233/sq ft
Avg Rent (weekly)
£193
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £65,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DE75)

Area prices are falling by +4.1% over the last 12 months
3 year growth: 11.2%
5 year growth: 35.3%
Investment Disclaimer: Analysis based on DE75 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

198 Heanor Road, Heanor DE75 7QY
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